Bitcoin to be Taxed......

[Gabrieelle]

I think if the government wants to really apply the tax on the crypto currency, it is very good, because it can increase the income of the state, but to support the policy the government needs to make a strong rule first so that everything is under control

Having tax is ok because if you have tax it means that bitcoin are legal in your country ,well if that happen hopefully the tax they want to get is not just a big amount.

You have a point, it only means that bitcoin is being regulated in your country having it taxed is like a law or something therefor it can be considered as legal because it is being recognized by the government. We just hope for the best when bitcoin get taxed in our country that they won't ask that much since they can't control it.

[hoanghung3110]

if real, it is good for btc because then btc become legal for people to trade btc.

[resty]

This is interesting could be a mass following with this. South Korea is preparing to Tax bitcoin use after the cryptocurrency's trading volume sky-rocked. This could spark a new trend s everyone battels to see how to control the life of cryptocurrency's

It will probably alright to big earners but bothering to small fishes but I am pretty sure that it will be base on your capability to pay it like what is commonly ordered by the government ( I don't know if there are some other rules about taxation in other countries ).
Having this tax is good in general and will surely benefited the people in terms of social services and infrastructures but can also assume the possible changes that might happen in to your coin's total value which can possibly decrease.

[genocide]

Makes sense for governments to finally tax bitcoin. Not only is it going to help with the illegal ways that bitcoin is being used, but it's going to legitimize the currency, stabilize it, and help mainstream it. I'm sure that Satoshi is going to be pissed, BUT for the purpose of making this a more accepted cryptocurrency, I think it's about time.

For truly anonymous crypto, that's where the altcoins will come in. No one is going to be able to track where these altcoins go and it will be the anonymous side of crypto.

Bitcoin is to be taxed to legalize all transactions involving bitcoin so that no one will ride to the popularity of it and use in some illegal transactions and services like pyramiding and networking that syndicate often do so.
If it is legalized, transactions like these if not totally stop will lessen a little bit.

[Capt00]

Not possible as these fast growing investment becoming a widely used for everyone. It looks like crypto currency was certainly going that way because I'm pretty sure government will be planning for such steps towards crypto. Once taxed being implented, its totally a big money to be collected by and that is the government wanting for.

[khayecee13]

If this is true, this only signify that bitcoin is relevant to the economy and also with this every taxable bitcoin transaction means a help for the progress of a country.

[sapnu]

If this is true, this only signify that bitcoin is relevant to the economy and also with this every taxable bitcoin transaction means a help for the progress of a country.

I hear some speculation about that topic that bitcoin is to be taxed in my country according to some news. I think its not good for me because I want to get my money full 100 percent. Because I make it on my own and it is digital. But if it was be pushed by the government. Its okay for me also.

[fiulpro]

If this is true, this only signify that bitcoin is relevant to the economy and also with this every taxable bitcoin transaction means a help for the progress of a country.

I hear some speculation about that topic that bitcoin is to be taxed in my country according to some news. I think its not good for me because I want to get my money full 100 percent. Because I make it on my own and it is digital. But if it was be pushed by the government. Its okay for me also.

Everyone makes/earns money by themselves only, now if you want all 100% by yourself then thats a different story. The only possible way for government to allow use of cryptocurrency which cannot be actually manupulated or controlled by them is to simply tax them and earn a revenue.

This isnt a bad thing, you are anyways getting all the benefits of a cryptocurrency and as any good citizen you have to pay tax on your income which certainly will be defined under differnt slabs. Certainly it wont be ramdom executions. Only the high earners will be taxed and a slab system will be introduced.

Lets just wait for something like this to happen. This will anyways boost economy by generating some revenue and we people will be free to use and trade in bitcoins without the fear of it being banned. Think about the trust this will bring about in a nation over cryptocurrency. This is both beneficial for users aswell as the currency and the country too.

[shuvo999]

if real, it is good for btc because then btc become legal for people to trade btc.

It has both pros and cons. Some people will leave bitcoin if it gets taxed because they are not ready to pay taxes or may be, they think that there taxes are used for wrong purposes. Few will be happy because this will provide them with chance of dealing with bitcoin openly.

[Semosuchi Tesongrato]

Well, the whole point about cryptocurrency is about freedom and anonymity. (crypto=hidden).
In the moment that cryptocurrencies are connected to your name, and you pay taxes on them, you lose the meaning.
Actually, it's impossible to control and to tax the bitcoin.
All the government can do is to declare it "illegal" (even if this doesn't make any sense) and to make difficult to exchange it for fiat money.
This with the clear intent to push "honest" people to declare their possession of bitcoin.
But if you stay quiet, government it's powerless.

[SirDwp]

Of course the state wants to get its piece of pie from this market. And if it can't, then it will forbid it. If it can)

[11adamsBTC]

I think atleast now the taxation would make the bitcoins recognisable over the world, atleast in negative light though

[om_iyo]

I think it's normal if a country put a tax from a bitcoin transaction. They can put in every change to a real money or put taxes whose have some digital asset. Even paid some taxes for government, it's not means legal for restricted transaction, such as terrorism, narcotic, etc.

[clex_us]

If I think it could be taxable bitcoin, but obviously bitcoin should be legalized first, because if not recognized impossible imposed by taxpayers, sooner or later there will be consideration and government discourse about this bitcoin taxed

[Getcoinsite]

This is interesting could be a mass following with this. South Korea is preparing to Tax bitcoin use after the cryptocurrency's trading volume sky-rocked. This could spark a new trend s everyone battels to see how to control the life of cryptocurrency's

this is what ive been waiting for,that crypto will be given tax because this means acknowledging acceptance of every country.and our assurance and security that we will be on top of every nation,if this happens we wil totally conquer and kill the stocks exchange,and greater,bigger and wider cryptocurrency will be on the planet

[Boknoi321]

This should be one of the good news for bitcoin growth. Meaning, the government can not be dealing with bitcoin with a long spoon while intending to din with it - dinning with it in this sense I mean collection of taxes.

Where the South Korean government or any government for that matter intends to levy taxes on bitcoin means they are looking at control or regulations and regulation itself is approval - this is good  .

Yeah, naturally income are taxed and thats called income tax. We waiting for more adoption via income tax.

He's right if btc will be taxed it only means that their government aggreed the rules and regulations of the btc, if thats the case I think they just want everybody to earn and also the government by getting taxes.

[sorin90]

The new talks the governments have about regulating the cryptocurrency market would lead to the taxation of the cryptos including bitcoin. It's only about when not if, anymore. I am sure that they will try to tax the cryptos no matter the country.

[deppil]

I think if the government wants to really apply the tax on the crypto currency, it is very good, because it can increase the income of the state, but to support the policy the government needs to make a strong rule first so that everything is under control

Having tax is ok because if you have tax it means that bitcoin are legal in your country ,well if that happen hopefully the tax they want to get is not just a big amount.

I myself think that no tax problem is applied to bitcoin users as long as bitcoin can be legalized in that country. but surely there is a special requirement where the original properties of bitcoin also do not disappear like decentralization and anonymous? is that possible? if it can be done I myself agree. it may be that the government is currently looking for the right way to provide tax on bitcoins?

[Barcode_]

I guess the whole bitcoin madness are starting to get more attention from the tax authorities from many countries, Coinbase have even launch a Cryptocurrency tax calculator recently for their customers using their service, it seems that the tax authorities department will simply do whatever they can to enforce rules and regulations for their citizens to pay the taxes.

[hoang kim cong]

điều này rất đơn giản khi bitcoin bị đánh thuế
để trở thành một đồng tiền sử dụng chung của một đất nước thì đương nhiên bị đánh thuế
đặc biệt là hàn quốc đang có chính sách về đánh thuế bitcoin